MGT 167 Lecture Notes - Lecture 3: Social Enterprise
12 Jun 2018
School
Department
Course
Professor
Lecture 3
istead of lookig at opaies as o-profit and for-profit, we should look at companies as
for ipat
how can we inspire innovation
do hat ou thik is right
distinguish impact not from the outcome/number of people
7 or so mind-blowing insights on social entrepreneurship (over a relatively short lifetime)
• Think small
o Second Chance: focuses on reducing recitivism to help ppl in jail, get out of jail
o Social enterprise: about having a way to generate revenue to help you be
economically stable for an organization; can be non-profit or for profit
o Does’t take a huge solutio to ake a ipat
o Second chance just needed more customers to increase revenue so they could
increase impact
• Boots on the ground
o Get the ball rolling yourself, even if that means quitting your job to make an
impact
• Learning mentality
o Ope idset aout hat ou’re aout to eperiee
o Uderstad the eiroet efore oig i ith produt thikig that it’ll fi
everything
• Initiate
o Do’t ait to make an impact
• Built it
o Take a step forward
o Ask for help, ask for mentors
o Collaborate with people
• Ecosystem
o Think about long-term sustainability of your ventures
o Long-term impact
• Unexpected Places
o Think of places to make an impact
Questions on quiz
o Read sall ook gettig eod etter ad ko ho all the soial etrepreeurs are
and what they did, the examples
o Know examples of who they discuss
o Know difference btw non-profit and for profit
find more resources at oneclass.com
find more resources at oneclass.com
